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Rana Kapoor is the founder, managing director and CEO of Yes Bank. He is the economics graduate from Shri Ram College of Commerce (1977) and obtained an MBA degree from Rutgers University in New Jersey, US (1980). He started his career in 1980 as a management trainee at Bank of America (BoA). He worked at BoA for about 16 years. In 1996, he joined ANZ Grindlays Investment Bank (ANZIB) as general manager & country head and continued there for two years.

In 1997, he set up a non-banking financial company (NBFC), with Ashok Kapur and Harkirat Singh as partners. In 2003, Reserve Bank of India (RBI) granted a banking licence to the team to set up Yes Bank. On September 21, 2018, Yes Bank announced that the company had ordered Kapoor to step down from his CEO position in January 2019.